Premium Industrial NewsBrazil Awaits Capital Approval for More than $72 Billion in Power Projects
Brazil Awaits Capital Approval for More than $72 Billion in Power Projects
Industry Segment: Power | Word Count: 219 Words
Attachment: Brazil power 0521
CORDOBA, ARGENTINA-May 5, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--About 500 capital-spending projects in Brazil's Power Industry, with a total investment value of nearly $72 billion, are expected to reach capital approval during the second half of this year. Grassroot and plant-expansion projects account for most of this investment, adding up to $71.2 billion, followed by transmission and distribution projects at $881.7 million, and in-plant capital projects at $368.2 million.
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